RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of URG
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Ur-Energy Inc. (USA) stock price ended at $1.60 on Thursday, after gaining 1.27%.
(Updated on Mar 28, 2024)

Hold candidate since Mar 27, 2024 Gain 1.27% PDF

The Ur-Energy Inc. (USA) stock price gained 1.27% on the last trading day (Thursday, 28th Mar 2024), rising from $1.58 to $1.60. During the last trading day the stock fluctuated 4.42% from a day low at $1.58 to a day high of $1.65. The price has risen in 6 of the last 10 days and is up by 10.34% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 2 million more shares were traded than the day before. In total, 4 million shares were bought and sold for approximately $5.80 million.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -6.94% during the next 3 months and, with a 90% probability hold a price between $1.33 and $1.79 at the end of this 3-month period.

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URG Signals & Forecast

A buy signal was issued from a pivot bottom point on Thursday, March 14, 2024, and so far it has risen 10.34%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The Ur-Energy Inc. (USA) stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $1.61. On a fall, the stock will find some support from the short-term average at $1.59. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal.

Support, Risk & Stop-loss for Ur-Energy Inc. (USA) stock

Ur-Energy Inc. (USA) finds support from accumulated volume at $1.59 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0699 between high and low, or 4.42%. For the last week, the stock has had daily average volatility of 4.37%.

Our recommended stop-loss: $1.54 (-3.90%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 10 days ago.)

Trading Expectations (URG) For The Upcoming Trading Day Of Monday 1st

For the upcoming trading day on Monday, 1st we expect Ur-Energy Inc. (USA) to open at $1.61, and during the day (based on 14 day Average True Range), to move between $1.52 and $1.68, which gives a possible trading interval of +/-$0.0790 (+/-4.94%) up or down from last closing price. If Ur-Energy Inc. (USA) takes out the full calculated possible swing range there will be an estimated 9.87% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $1.59 (0.63%) than the resistance at $1.63 (1.87%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Ur-Energy Inc. (USA) stock A Buy?

Ur-Energy Inc. (USA) holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.671 Hold/Accumulate Unchanged

Predicted Opening Price for Ur-Energy Inc. (USA) of Monday, April 1, 2024

Fair opening price April 1, 2024 Current price
$1.61 ( 0.623%) $1.60

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for URG

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 1.68 4.99 %
R2 1.65 3.32 %
R1 1.64 2.29 %
Current price: 1.60
Support S1 1.58 -1.05 %
S2 1.57 -2.08 %
S3 1.54 -3.75 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 1.75 9.38 %
R2 1.73 8.12 %
R1 1.63 1.87 %
Current price 1.60
Support S1 1.59 -0.625%
S2 1.57 -1.88%
S3 1.48 -7.50%

FAQ

What is the symbol for Ur-Energy Inc. (USA) Stock and on which exchange is it traded?
The symbol for Ur-Energy Inc. (USA) is URG and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Ur-Energy Inc. (USA) Stock?
Ur-Energy Inc. (USA) holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Ur-Energy Inc. (USA) Stock?
Ur-Energy Inc. (USA) Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Ur-Energy Inc. (USA) Stock.

What's the current price of Ur-Energy Inc. (USA) Stock?
As of the end of day on the 2024-03-28, the price of an Ur-Energy Inc. (USA) (URG) share was $1.60.

What is the 52-week high and low for Ur-Energy Inc. (USA) Stock?
The 52-week high for Ur-Energy Inc. (USA) Stock is $2.01 and the 52-week low is $0.82.

What is the market capitalization of Ur-Energy Inc. (USA) Stock?
As of the 2024-03-28, the market capitalization of Ur-Energy Inc. (USA) is 450.602M.

When is the next earnings date for Ur-Energy Inc. (USA)?
The upcoming earnings date for Ur-Energy Inc. (USA) is May 06, 2024.
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About Ur-Energy Inc. (USA)

Ur-Energy. (USA) Ur-Energy Inc. engages in the acquisition, exploration, development, and operation of uranium mineral properties. The company holds interests in 12 projects located in the United States. Its flagship property is the Lost Creek project comprising a total of approximately 1,800 unpatented mining claims and three Wyoming mineral leases covering an area of approximately 48,000 acres located in the Great Divide Basin, Wyoming. The company was incorpor... URG Profile

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